Data Types

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Your SOFTWARE utilises different types of data to operate. This article aims to explain these types of data and their respective retrieval methods.

System Data

System data includes data that is downloaded and globally referenced throughout Your SOFTWARE.

While the vast majority of system data does not change often, new system data and changes to existing system data will require periodic maintenance to keep Your SOFTWARE completely up to date.

Examples of system data that change include interest rates, currency exchange rates and cross rates. Refer to the Menu Bar Settings Commands section of this Help for more information on Currencies, Cross Rates and Interest Rates.

This data needs to be periodically updated as interest rates and exchange rates frequently change. The frequency of updates will depend on what type of trading the user is engaged in.

System data also includes all the symbols for the markets that the user specifies. These symbols are stored locally and used system-wide in Your SOFTWARE.

All system data, including for symbols that are currently held on your local PC, is updated using the Update Manager.

When you start Your SOFTWARE you will be prompted to update system data every 24 hours. It is suggested that you attend to this simple maintenance task at startup each day. Daily update is the default time period; you can change this to a longer time period from the General tab of the Application Settings dialog.

Note -  If you leave Your SOFTWARE running for long periods of time, you will have to remember to periodically update the system data. The prompt only appears at startups.

Price Data

Price data is data collected from various exchanges and then delivered over the Internet to Your SOFTWARE by the Data Provider.

Price data is primarily retrieved from the Hubb data server in response to Data-on-Demand requests made manually by the User, or by a trigger set by the user.

Price data is referenced using the symbols that are downloaded on to your PC.

Price data is referenced to individual market symbols; each symbol represents a unique security traded on a specific exchange. The exchanges determine the symbols for the securities traded on that exchanges.

Your SOFTWARE maintains a database of symbols on your PC, and uses this system data to reference price data from the Hubb server, your initial Data Provider.

Price data can come from the different exchanges in a variety of formats, and each Data Provider will normally transform all the exchanges' data into a common format before transmitting it to their customers.

Regardless of the format, price data generally contains common components, the most basic being open, close, high, low and volume. Tick data, which represents a single trade, will generally have price and timestamp. These examples are the minimum, many exchanges provide additional data.

The price data components downloaded and saved by Your SOFTWARE can be viewed in the Price Data window.

The amount of price data retrieved for any symbol by default is initially 36 months. This means that the first time a Data-on-Demand request is run for a symbol, the default amount of 36 months data will be retrieved and stored on your local PC. Thereafter, each time a new DoD request is run for that symbol, the data on your local PC will be "topped-up" from the point of the last DoD data retrieval. This allows faster response times.

If more than 36 months of data is required, you can make a Custom Data on Demand request in which you specify the number of months or years of data to be retrieved for a symbol. You can also set the default to a larger or smaller value than 36 months.

Fundamental Data

Your SOFTWARE uses Fundamental Data to perform various financial analyses and price valuations.

Fundamental Data is based on financial statements and other figures and information retrieved from, or calculated using, a company's accounts and other regulatory reports periodically required to be compiled and published.

The amount of Fundamental Data available for each stock is very large, but much of it will not change on a daily basis as it is based on quarterly, half-yearly or annual reports.

Go to the Fundamental Data Overview topic for more information on the source and composition of this data.

Once the cd arrives you may then use the Historical Data Copy Wizard to install it

Fundamental data download settings are found on the Fundamentals tabbed page of the Application Settings.

If Fundamental criterion will be used during a Market scan then you will need to maintain a Local Fundamental Database for the software to scan on.

Fundamental data is kept in a separate section of the local database and its update is subject to different Update Manager settings.

A fundamental database may be installed by emailing the Technical Support team and requesting a Fundamental Data CD.

News and Market Reports Data

News data is used to populate the News Headline in the function bar of most Your SOFTWARE work pages.

When a News Headline is clicked, the 30 most recent news headlines are retrieved and displayed in the News work page.

Your SOFTWARE also downloads Market Reports Data to populate the various Market Events and Company Events calendars that can be generated.

News and Market Reports Data differs from other data in that it is not stored locally, only displayed and discarded at the end of the session.

About Data
The About Data section aims to provide you with an understanding of the types of Data you may access through the Hubb Software and the different methods that may be used to access and maintain them.
Data Setup
Your SOFTWARE analyzes markets to help you trade better and provides both Price Data for technical analysis and Fundamental Data for fundamental analysis as well as news and market reports. In order to do this it needs up-to-date, reliable data from a wide range of exchanges, countries and information providers, in a format compatible with Your SOFTWARE.
Data Maintenance
This section contains information and guides on all aspects of maintaining your Hubb Software's Database.
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